Baylor Regents Approve Construction of New Business School CampusOct. 18, 2013
At its annual Homecoming meeting today, the Baylor University Board of Regents approved construction of the new $99 million Paul L. Foster Campus for Business and Innovation that will house the University's nationally ranked Hankamer School of Business. Baylor plans to break ground on the 275,000-square-foot facility in December.
The board's approval to move forward with construction of the Foster Campus for Business and Innovation follows a period of successful fundraising for the new home for Baylor's business school. Fundraising for the business school project accelerated when the University received a historic gift from El Paso businessman and civic leader Paul L. Foster, BBA '79, chairman of the board and executive chairman of Western Refining Inc. The Foster Campus will be built on property across from the new East Village Residential Community on Bagby Avenue between Third and Fourth streets and is expected to be completed in July 2015.
Baylor has been working with Overland Partners of San Antonio to plan the new Foster Campus for the business school. The architectural design features a highly corporate and sustainable business environment, including a centerpiece atrium that will showcase some of the school's signature classrooms, such as the Southwest Securities Financial Markets Center. The design also includes a 350-seat auditorium to accommodate guest lectures and special events, and a variety of classrooms that will incorporate the latest technology for collaborative learning, innovation and problem solving. The new building is expected to expand the school's size by nearly 40 percent.